Between 2013 and 2015, the final consumption of natural gas in the chemical and petrochemical sector in Spain saw notable fluctuations with an initial increase followed by a sharp decline. From 2016 onwards, the sector exhibited a generally upward trend with minor deviations, reflecting moderate to strong year-on-year growth, especially during 2018 and 2021. By 2023, the consumption reached 113.97 Thousand Terajoules, representing a year-on-year increase of approximately 2.01% and an average annual growth rate (CAGR) of 1.55% over the past five years. Forecasts from 2024 to 2028 project steady growth, with a forecasted five-year CAGR of 1.45% and an overall growth rate of 7.47%. Future trends to monitor include the impact of sustainable initiatives on natural gas demand, the integration of alternative energy sources in the sector, and geopolitical influences on natural gas supply and prices.
